Reading the NYT article about it written at the time[1] is painful with the benefit of hindsight. Some quotes: > "The mall is still an incredibly powerful draw

Reading the NYT article about it written at the time[1] is painful with the benefit of hindsight. Some quotes: > "The mall is still an incredibly powerful draw," Mr. Martinez said. "Some of our better-performing stores are there." But the writing was already on the wall: > Traffic in malls has slowed somewhat in recent years, but analysts said the company had little choice but to focus on its mall stores, which are its most profitable. Arthur C. Martinez was head of Sears from 1992-2000[2] and known as "the person who saved Sears". Their stock price kept climbing until around 2007, and has been on a downwards trajectory ever since then. 1. https://www.nytimes.com/1993/01/26/business/sears-eliminating-its-catalogues-and-50000-jobs.html https://www.nytimes.com/1993/01/26/business/sears-eliminatin... 2. https://en.wikipedia.org/wiki/Arthur_C._Martinez https://en.wikipedia.org/wiki/Arthur_C._Martinez